Value of $90 from 1972 to 2024
$90 in 1972 is equivalent in purchasing power to about $1,107 today, an increase of $1,017.00 over 52 years. The dollar had an average inflation rate of 4.94% per year between 1972 and today, producing a cumulative price increase of 1,130.00%.
This means that today's prices are 12.30 times as high as average prices since 1972, according to the Bureau of Statistics consumer price index. A dollar today only buys 8.130% of what it could buy back then.
The inflation rate in 1972 was 5.77%. The current inflation rate compared to the end of last year is now 1.05%. If this number holds, $90 today will be equivalent in buying power to $90.94 next year.
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| Cumulative price change | 1,130.00% |
| Average inflation rate | 4.94% |
| Converted amount $90 base | $1,107 |
| Price difference $90 base | $1,017.00 |
| CPI in 1972 | 11.000 |
| CPI in 2024 | 135.300 |
| Inflation in 1972 | 5.77% |
| Inflation in 2024 | 1.05% |
| $90 in 1972 | $1,107 in 2024 |
Buying power of $90 in 1972
This chart shows a calculation of buying power equivalence for $90 in 1972 (price index tracking began in 1922).
For example, if you started with $90, you would need to end with $1,107 in order to "adjust" for inflation (sometimes refered to as "beating inflation").
When $90 is equivalent to $1,107 over time, that means that the "real value" of a single Australian dollar decreases over time. In other words, a dollar will pay for fewer items at the store.
This effect explains how inflation erodes the value of a dollar over time. By calculating the value in 1972 dollars, the chart below shows how $90 is worth less over 52 years.
According to the Bureau of Statistics, each of these AUD amounts below is equal in terms of what it could buy at the time:
This conversion table shows various other 1972 amounts in today's dollars, based on the 1,130.00% change in prices:
| Initial value | Equivalent value |
|---|---|
| $1 dollar in 1972 | $12.30 dollars today |
| $5 dollars in 1972 | $61.50 dollars today |
| $10 dollars in 1972 | $123.00 dollars today |
| $50 dollars in 1972 | $615.00 dollars today |
| $100 dollars in 1972 | $1,230.00 dollars today |
| $500 dollars in 1972 | $6,150.00 dollars today |
| $1,000 dollars in 1972 | $12,300.00 dollars today |
| $5,000 dollars in 1972 | $61,500.00 dollars today |
| $10,000 dollars in 1972 | $123,000.00 dollars today |
| $50,000 dollars in 1972 | $615,000.00 dollars today |
| $100,000 dollars in 1972 | $1,230,000.00 dollars today |
| $500,000 dollars in 1972 | $6,150,000.00 dollars today |
| $1,000,000 dollars in 1972 | $12,300,000.00 dollars today |
How to calculate inflation rate for $90 since 1972
Our calculations use the following inflation rate formula to calculate the change in value between 1972 and today:
CPI today CPI in 1972
×
1972 AUD value
=
Today's value
Then plug in historical CPI values. The Australian CPI was 11 in the year 1972 and 135.3 in 2024:
135.311
×
$90
=
$1,107
$90 in 1972 has the same "purchasing power" or "buying power" as $1,107 in 2024.
To get the total inflation rate for the 52 years between 1972 and 2024, we use the following formula:
CPI in 2024 - CPI in 1972CPI in 1972
×
100
=
Cumulative inflation rate (52 years)
Plugging in the values to this equation, we get:
135.3 - 1111
×
100
=
1,130%
Data source & citation
Raw data for these calculations comes from the government of Australia's annual (CPI) as provided by the Reserve Bank of Australia. The consumer price index was established in 1922 and is tracked by Australian Bureau of Statistics (ABS).
You may use the following MLA citation for this page: “$90 in 1972 → 2024 | Australia Inflation Calculator.” Official Inflation Data, Alioth Finance, 23 Dec. 2024, https://www.officialdata.org/australia/inflation/1972?amount=90.
Special thanks to QuickChart for their chart image API, which is used for chart downloads.
in2013dollars.com is a reference website maintained by the Official Data Foundation.
| Cumulative price change | 1,130.00% |
| Average inflation rate | 4.94% |
| Converted amount $90 base | $1,107 |
| Price difference $90 base | $1,017.00 |
| CPI in 1972 | 11.000 |
| CPI in 2024 | 135.300 |
| Inflation in 1972 | 5.77% |
| Inflation in 2024 | 1.05% |
| $90 in 1972 | $1,107 in 2024 |